United States Markit Services PMI came in at 56.2 below forecasts (56.5) in May

FXStreet.com (Barcelona)

Jun 3, 2015

Fundamental trends not clearly negative for the JPY – RBS

Greg Gibbs, FX Trading Strategist at RBS notes that Japanese data is showing traction on beating dis-inflation and while yields remain supportive of a weaker JPY, the fundamentals are not clearly negative for the Yen.

United States Markit Services PMI came in at 56.2 below forecasts (56.5) in May

Fundamental trends not clearly negative for the JPY – RBS

United States Markit PMI Composite declined to 56 in May from previous 56.1